Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
cash versus conventional offer
Hi all.
I have a house up for sale and have three offers on it right now. Good situation to be in but also tricky decision to me. I have a concurrent offer which is low on the list. My dilemma is between a cash offer of $204,500 and a conventional offer of $210,000. I'm not too worried about funds in either case. they both want appraisal as expected and I'm a little worried appraisal might be somewhere around 200000 to 205000 dollars. I know it's short notice but they need an answer today or I I'm guessing at least one will walk away. Thank you for any input